Brother Industries Ltd. (OTCMKTS:BRTHY) Short Interest Up 91.3% in March

Key Points

• Short interest jumped 91.3% in March, rising to 329 shares as of March 31 (up from 172 on March 15), with a days-to-cover ratio of about 1.8 based on average daily volume of 184 shares.
• Shares opened at $36.80 with a 12‑month range of $28.75–$43.89; the company has a market cap of $4.70 billion, a P/E of 12.78, and 50/200‑day moving averages of $39.05 and $38.60 respectively.

Brother Industries Ltd. (OTCMKTS:BRTHY - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totaling 329 shares, an increase of 91.3% from the March 15th total of 172 shares. Based on an average daily trading volume, of 184 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.0% of the company's stock are sold short.

Brother Industries Stock Performance

Shares of BRTHY opened at $36.80 on Monday. Brother Industries has a twelve month low of $28.75 and a twelve month high of $43.89. The firm's 50 day moving average price is $39.05 and its two-hundred day moving average price is $38.60. The firm has a market cap of $4.70 billion, a P/E ratio of 12.78 and a beta of 0.05.

About Brother Industries

Brother Industries, Ltd. is a multinational electronics and electrical equipment company based in Nagoya, Japan. The company specializes in the design, manufacture and sale of a wide range of products including printers, multifunction printers, label printers, sewing and embroidery machines, garment printers, and industrial sewing machines. In addition to hardware, Brother provides related software solutions and support services to help customers optimize their document workflows, improve production efficiency and maintain equipment performance.

Brother's printer and imaging division offers laser and inkjet models for home, office and industrial use, with features such as wireless connectivity, cloud integration and high-speed printing.

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